Market Overview Analysis & Opinion

The Federal Reserve meets in a month. We all can appreciate that one of the most important elements is expectations. How should investors measure expectations? We can take a page from the Fed's...

The Currency War ContinuesThe devaluation of the yuan, triggered by disappointing economic data, shook up markets yesterday, resulting in a generalized decrease in risk tolerance. The loonie, main...

China Devalues the Yuan!In an unexpected twist, the People’s Bank of China changed the way it calculates the yuan’s daily midpoint against the greenback, allowing it to depreciate by 2%,...

In recent months, I’ve observed that most of the global economic indicators suggest a scenario of secular stagnation, with neither a boom nor a bust. The OECD Leading Economic Index is leaning...

We may see a turnaround sometime soon on this USD:CAD forex pair.A break and hold below 50 on the RSI could signal a retest of the 1.250 price level, or lower at the 50 MA at 1.223. The bearish...

World – Markit released services PMI’s for July. After hitting a 5-month low in the prior month, the global index bounced back to 53.9, albeit remaining below the long term average. New...

CanadaEmployment rose 7K in July according to the Labour Force Survey, close to the 5K expected by consensus. The jobless rate, however, remain unchanged at 6.8% as the participation rate fell one...

Following a steep drop in July, the Canadian dollar was relatively stable last week. In spite of it all, the loonie continues to oscillate at levels not seen in over five years. Regarding Canadian...

One of the most accurate and reliable global economic indicators is the CRB raw industrials spot price index. It has been falling this year, and is now the lowest since November 9, 2009. However,...

When China's tinderbox economy implodes, who will be left to bid up the world's surplus commodities and real estate? After 30 years of torrid expansion, perhaps the single most consequential factor in...

Over the last 100 sessions, the Canadian dollar and oil (front month light sweet crude) have moved in the same direction about 79 times. From the middle of November 2014 through mid-January, the...

Of the currencies likely to be in focus this week, I really did not expect the week to start with a further move lower for the loonie (and the Canadian economy) which have both been badly affected by...

There are two events this week that will shape the investment climate potentially for the rest of the year. The first is the Bank of England meeting. The following day is the US employment report.Both...

One of the biggest stories to emerge has been the decline in Emerging Market Currencies. The IMF noted this in their latest World Economic Outlook, which stated: Growth in emerging market and...